Can anyone send me the new clarification regarding CONTRACTS AS PER SPECIFICATIONS u/s 194 C ... Thank you
Menu
TDS u/s 194 C
Replies (2)
TDS to b deducted @ 1% to individual, Huf, and 2% to others ( Receiver han)
Contract to transporter, who has provided a valid PAN - no TDS, if not it should be 20% ( or actual, whichever is higher)
Contracts to Individuals/HUF it is 1%
Contracts to others it is 2%
for more detail.
www.saraltaxoffice.com
Recent Topic
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
Related Topics
CAclubindia
